KBR (NYSE: KBR) CEO reports 9,205-share tax withholding disposition
Rhea-AI Filing Summary
KBR President and CEO Stuart Bradie reported a tax-related share disposition. On the transaction date, 9,205 shares of KBR common stock were withheld to cover taxes due upon vesting, classified as a tax-withholding disposition. After this, he directly owned 803,549 KBR shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,205 shares
Net Sell
1 txn
Insider
Bradie Stuart
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 9,205 | $42.23 | $389K |
Holdings After Transaction:
Common Stock — 803,549 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld to pay withholding taxes due upon vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did KBR (KBR) report for CEO Stuart Bradie?
KBR reported that CEO Stuart Bradie had 9,205 shares of common stock withheld to cover taxes upon vesting. This tax-withholding disposition was coded as a Form 4 transaction under code F, reflecting shares withheld rather than an open-market sale.
Was the KBR (KBR) CEO’s Form 4 transaction an open-market stock sale?
No, the Form 4 transaction was not an open-market sale. The 9,205 KBR shares were withheld to pay withholding taxes due upon vesting, classified as a tax-withholding disposition under code F, rather than a discretionary sale in the public market.
What does transaction code F mean in the KBR (KBR) CEO’s Form 4?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this KBR filing, it reflects 9,205 shares withheld from Stuart Bradie to cover withholding taxes due when his stock awards vested, per the footnote.